NORevent ApS — Credit Rating and Financial Key Figures

CVR number: 37808423
Normansvej 1 B, 8920 Randers NV
mail@norevent.dk
tel: 28498455
www.norevent.dk

Credit rating

Company information

Official name
NORevent ApS
Personnel
11 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About NORevent ApS

NORevent ApS (CVR number: 37808423) is a company from RANDERS. The company recorded a gross profit of 2811.4 kDKK in 2023. The operating profit was 150.7 kDKK, while net earnings were 131.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORevent ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 774.971 646.362 106.222 580.612 811.36
EBIT703.77235.20378.11266.71150.69
Net earnings564.39182.47313.44229.31131.83
Shareholders equity total1 157.171 039.641 296.581 411.491 343.32
Balance sheet total (assets)1 700.941 992.482 151.782 327.002 148.32
Net debt- 971.23- 873.38-1 232.77-1 015.52-1 180.00
Profitability
EBIT-%
ROA48.6 %13.1 %19.6 %13.3 %8.0 %
ROE59.4 %16.6 %26.8 %16.9 %9.6 %
ROI76.2 %21.9 %34.7 %21.9 %13.0 %
Economic value added (EVA)554.02172.45286.67205.1792.86
Solvency
Equity ratio68.0 %52.2 %60.3 %60.7 %62.5 %
Gearing0.5 %0.3 %0.2 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.01.92.32.32.5
Current ratio3.01.92.32.32.5
Cash and cash equivalents971.23878.441 236.281 017.991 187.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.04%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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